Moon Karak sells tea. The average selling price of a cup is OMR 0.200 and the average variable expense per cup is OMR 0.150. The average fixed expense per month is OMR 600. An average of 20,000 cups are sold each month. What is the margin of safety expressed as a percentage of sales? Select one: а. 30% b. 25% с. 35% d. None of the answers given e. 40%

Moon Karak sells tea. The average selling price of a cup is OMR 0.200 and the average variable expense per cup is OMR 0.150. The average fixed expense per month is OMR 600. An average of 20,000 cups are sold each month. What is the margin of safety expressed as a percentage of sales? Select one: а. 30% b. 25% с. 35% d. None of the answers given e. 40%

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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